GS3 · Topic
Taxation
Direct and indirect tax, GST and its council, tax buoyancy, cesses, tax administration and evasion.
18 UPSC Mains GS3 questions on Taxation that toppers answered in test series, CSE 2017–2025, most answered first. Open one to see how toppers opened, built and closed it.
What do you understand by Windfall tax? Do you think that windfall taxes can effectively redistribute wealth and promote greater economic equality?
10 marks · 150 words · Answered by 13 toppers · CSE 2022–2025
TaxationFiscal Policy and Budgeting
Highlighting the factors contributing to high fiscal deficit in India, discuss the potential consequences of such deficit and suggest measures to ensure fiscal consolidation.
10 marks · 150 words · Answered by 9 toppers · CSE 2022–2025
Fiscal Policy and BudgetingMacroeconomic Indicators
Fiscal policy can be a key tool to reduce income inequality as well as make the poorest and the downtrodden a part of the country's growth story. Discuss in the context of India.
10 marks · 150 words · Answered by 5 toppers · CSE 2022–2025
Fiscal Policy and BudgetingInclusive Growth
How far do you think the recent proposals to reform India's tax structure will help in improving India's tax buoyancy and base?
10 marks · 150 words · Answered by 4 toppers · CSE 2023–2025
TaxationFiscal Policy and Budgeting
Comment on the important changes with respect to the Long-Term Capital Gains (LTCG) and Securities Transaction Tax (STT) in the Union Budget 2024-25. Evaluate the impact of such changes on India's savings and investment regime.
10 marks · 150 words · Answered by 3 toppers · CSE 2023–2025
Fiscal Policy and BudgetingTaxation
While tariff rationalization aims to enhance economic efficiency, it may also pose challenges to certain sectors. Critically assess the potential trade-offs involved in the Union Budget 2025-26's approach to tariff reforms.
15 marks · 250 words · Answered by 3 toppers · CSE 2024–2025
Fiscal Policy and BudgetingTrade and Foreign Investment
Goods and Services Tax (GST) is a progressive step towards formalization of Indian economy; however, it has simultaneously dented the dynamics of fiscal federalism. Comment.
10 marks · 150 words · Answered by 2 toppers · CSE 2022
TaxationFiscal Policy and Budgeting
The introduction of Goods and Services Tax (GST) was hailed as a transformative fiscal reform; however, the journey of GST has been a mixed bag of successes and challenges. Analyse.
15 marks · 250 words · Answered by 1 topper · CSE 2024
TaxationFiscal Policy and Budgeting
Highlighting the factors contributing to a high fiscal deficit in India, discuss the potential consequences of such deficit and suggest measures to ensure fiscal consolidation.
10 marks · 150 words · Answered by 1 topper · CSE 2024
Fiscal Policy and BudgetingMacroeconomic Indicators
Write a short note on the reasons behind implementation of Goods and Services Tax in India. Evaluate its impact on the unorganised sector of the economy. What are the intended economic benefits of GST implementation?
Answered by 1 topper · CSE 2017
TaxationInclusive Growth
What is a windfall tax? Discuss its importance. Also, suggest other measures to promote wealth redistribution and greater economic equality.
Answered by 1 topper · CSE 2024
TaxationInclusive Growth
GST has contributed to the formalization of Indian economy and boosted economic growth significantly, despite implementation challenges. Discuss
15 marks · 250 words · Answered by 1 topper · CSE 2024
TaxationMacroeconomic Indicators
In spite of significant success of GST in its first year of implementation, there still seems to be a long way to go for both the government as well as tax-payers in attaining its intended objectives. Critically evaluate.
15 marks · 250 words · Answered by 1 topper · CSE 2018
TaxationMacroeconomic Indicators
Fiscal policy can serve as a vital instrument in diminishing income inequality and fostering inclusive development. Discuss in the context of India.
10 marks · 150 words · Answered by 1 topper · CSE 2025
Fiscal Policy and BudgetingInclusive Growth
Answer the following questions in not more than 150 words each (some questions may be longer): 1. What is a windfall tax? Discuss its merits and demerits. 2. Evaluate the performance of the Monetary Policy Committee (MPC) in controlling inflation and promoting growth. 3. 'Millets are a miracle crop for agricultural sustainability.' Elaborate. 4. Critically analyze the Jal Jeevan Mission in the context of India's water crisis. 5. What are Battery Energy Storage Systems (BESS)? Explain their relevance in the context of the Indian energy program. 6. Analyze the significance of the Gaganyaan mission for India. 7. Elaborate on the Green Hydrogen Mission, its advantages, and challenges. 8. Discuss the key lessons learned from the Joshimath disaster. 9. Critically evaluate the Khalistan issue and suggest measures to handle it. 10. Discuss the threat posed by drones to India's security and suggest measures to tackle it. 11. Discuss the Electricity Amendment Bill 2022, its features, advantages, and shortcomings. 12. Analyze the challenges faced by SEBI in the context of recent scams and suggest reforms. 13. Discuss the issues in agriculture in India and suggest technological solutions for the same. 14. Analyze the impact of irrigation on the environment and natural resources. Suggest measures for sustainable irrigation. 15. Discuss the contribution of Homi Jehangir Bhabha and Vikram Sarabhai in shaping India's S&T landscape. 16. What is Generative AI? Discuss its impact on society and the challenges it poses. 17. Discuss the 'Mangrove Alliance for Climate' and the importance of mangroves in maintaining tropical ecology. 18. Critically analyze the Coalition for Disaster Resilient Infrastructure (CDRI). Suggest a new strategy to tackle disasters in India. 19. Analyze the impact of ransomware attacks on different sectors and suggest a strategy to tackle this cyber threat. 20. Analyze the challenges in the management of India's coastal and territorial boundaries and suggest measures for better coordination.
150 words · Answered by 1 topper
TaxationFiscal Policy and Budgeting
Recently, India marked the fourth anniversary of introduction of the Goods and Services Tax (GST). Given its envisaged objectives, evaluate whether it has been a successful reform.
10 marks · 150 words · Answered by 1 topper · CSE 2022
TaxationFiscal Policy and Budgeting
India has been constantly suffering from low tax to GDP ratio. Discussing the reasons for a low tax to GDP ratio in India, suggest some measures to ameliorate the problem. Also, examine the benefits of healthy tax to GDP ratio.
15 marks · 250 words · Answered by 1 topper · CSE 2018
TaxationPlanning and Resource Mobilisation
Goods and Service Tax (GST) is a progressive step towards formalisation of Indian economy, however, it has simultaneously dented the dynamics of fiscal federalism. Comment.
Answered by 1 topper · CSE 2022
TaxationFiscal Policy and Budgeting